Online Current Affairs for Exams


Lenovo appoints Subhankar Roy Chowdhury as head HR for Asia Pacific


  • Lenovo has announced the appointment of Subhankar Roy Chowdhury to head its human resources team in Asia Pacific.
  • He was previously the company's executive director and global head for HR Strategy, M&A and HR Analytics.
  • In his new role, he will work on transformation and people strategy in Asia Pacific with focus on;
    1. building leadership,
    2. cultural transformation and
    3. developing talent resources.
  • Subhankar succeeds Andrew Dahms, who departs at the end of March
Quick Question for Bank PO/ IBPS Exams 2016-17:
Lenovo has announced the appointment of which personality to head its human resources team in Asia Pacific?
 - Subhankar Roy Chowdhary. 
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ESAF Small Finance Bank launched


  • ESAF Small Finance Bank, Kerala’s first private sector in micro financing, was launched by Chief Minister Pinarayi Vijayan.
  • The bank, promoted by ESAF Microfinance and Investments (P) Ltd plans to open 85 branches in the first year, of which RBI approval has been obtained for opening 15 branches on the inaugural day.
  • Bank also launched ATM cum Debit cards, website and digital banking channels.
  • ESAF, which has own fund of over Rs 300 crore, recently raised another Rs 330 crore through the issue of commercial papers. The bank is targeting a business of Rs 20,000 crores by 2020.
Quick Question for Bank PO/ IBPS Exams 2016-17:
What is the name of Kerala’s first private sector bank in micro financing, which was launched by Chief Minister Pinarayi Vijayan?
 - ESAF Small Finance Bank. 
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Mallikarjun Kharge Set to Become Next PAC Chairman


  • The Congress's floor leader in Lok Sabha, Mallikarjun Kharge is all set to become the next chairman of the Public Accounts Committee (PAC).
  • Kharge will succeed his party colleague K V Thomas, who will complete his third term as Chairman of Public Accounts Committee on April 30.
  • The Congress leadership had yesterday written to the Lok Sabha Speaker recommending Kharge's name for the PAC chairmanship.
  • The chair of the PAC is given to an MP of the main Opposition party.
  • The PAC post will make him entitled to a Cabinet rank and an office at the Parliament House.
Quick Question for Bank PO/ IBPS Exams 2016-17:
Who will be the next chairman of the Public Accounts Committee (PAC)? 
- Mallikarjun Kharge. 
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India ranks 148 in representation of women in government, Europe at top


  • India ranks 148 globally in terms of representation of women in executive government and parliament, according to a report published by the Inter-Parliamentary Union (IPU) and UN Women.
  • The data published in the report Women in Politics 2017 Map showed that women make up only 11.8 per cent (64 MPs) of the 542-member Lok Sabha and 11 per cent (27) of the 245-member Rajya Sabha.
  • India ranks 148 globally in terms of representation of women in executive government and parliament, according to a report published by the Inter-Parliamentary Union (IPU) and UN Women.
  • Regionally, women’s representation in the Americas made the most significant gains, according to the report, rising from 22.45 per cent in 2015 to 25 per cent.
  • In Europe, the total percentage stood at 22.5 per cent.
  • The report was launched on the sidelines of the 61st Commission on the Status of Women.
  • A total of 227 countries were analysed in the survey.
Quick Question for Bank PO/ IBPS Exams 2016-17:
India ranks at which position globally in terms of representation of women in executive government and parliament, according to a report published by the Inter-Parliamentary Union (IPU) and UN Women? 
 - 148. 
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Indian-American teen wins top science award worth USD 250,000


  • An Indian-American teen has won the top award, worth USD 250,000, in the oldest and most prestigious science and math competition in the US, for her research on preventing death of neurons due to brain injuries or neurodegenerative diseases.
  • Indrani Das, a 17-year-old resident of New Jersey, and four other Indian-origin students were among the top ten finalists to be honoured at the annual Regeneron Science Talent Search Awards Gala for their research projects demonstrating exceptional scientific and mathematical ability.
  • In a laboratory model, Das showed that exosomes isolated from astrocytes transfected with microRNA-124a both improved astrocyte uptake of glutamate and increased neuron survival.
  • Arjun Ramani, an 18-year-old student from Indiana won the third place honours worth USD 150,000 for blending the mathematical field of graph theory with computer programming to answer questions about networks.
  • Archana Verma, 17, from New York, received a USD 90,000 award for her study of the molecular orbital energy dynamics of dyes, which may someday result in windows that produce solar energy.
  • Prathik Naidu, 18, from Virginia, received a USD 70,000 award for his creation of a new machine learning software to study 3D interactions of the human genome in cancer.
  • Vrinda Madan, 17, from Florida, received a USD 50,000 award for her study of 24 potential compounds for the treatment of malaria, in which she found two potential candidates that appear to target the disease-causing organism in a novel way and may warrant further study.
Quick Question for Bank PO/ IBPS Exams 2016-17:
Which Indian-American teen has won the award, worth USD 250,000, in the oldest and most prestigious science and math competition in the US, for her research on preventing death of neurons due to brain injuries or neurodegenerative diseases? 
 - Indrani Das, a 17-year-old resident of New Jersey. 
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Boy from sleepy hamlet, Bibhu Prasad Kanungo, becomes deputy governor of RBI


  • Residents of a sleepy hamlet in a remote corner of coastal Kendrapara district in Odisha are elated as their son-of-the-soil ascended to a top-position in the Reserve Bank of India (RBI).
  • 58-year-old Bibhu Prasad Kanungo, a native of this village has made the people of Balia village here proud after he assumed the charge of deputy governor of RBI recently.
  • Bibhu passed HSC from a high school in Bhubaneswar and studied Intermediate Science from 1973 to 1975 in Kendrapara college
  • In 1979, he joined the Oriental Bank of Commerce as a probationary officer. Later in 1980, he joined Reserve Bank as an officer after passing Grade-B examination.
  • During his stint as a senior officer of the Reserve Bank of India, he worked in; 1.Bhubaneswar,
    2.Bhopal,
    3.Patna,
    4.Mumbai,
    5.New Delhi,
    6.Jaipur,
    7.Kolkata and
    other places in the country .
Quick Question for Bank PO/ IBPS Exams 2016-17:
Who is the current Deputy Governor of RBI? 
 - Bibhu Prasad Kanungo. 
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Michael Clarke's launches his autobiography 'My Story


  • Former Australian captain Michael Clarke has launched his autobiography titled "My Story" at Kolkata.
  • Former Indian Captain and president of Cricket Association of Bengal, Sourav Ganguly was also present on the occasion.
  • In the book, he elaborates the famous Monkeygate case and also the death of his teammate Phil Hughes.
Quick Question for Bank PO/ IBPS Exams 2016-17:
Which former Australian captain has launched his autobiography titled "My Story" at Kolkata? 
- Michael Clarke. 
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India joins WHO call to end TB by 2030 in South East Asian


  • India among other countries in the South East Asian Region, which bear half of the global tuberculosis burden, today signed a 'call for action' and pledged to scale up measures to end the disease by 2030.
  • India reports 2.8 million new TB cases annually and nearly half a million deaths due to the disease.
  • Health ministers from countries in WHO South-East Asia Region, which bear half the global TB burden and WHO signed a 'Call for Action' for ending TB, pledging to scale-up efforts and implement adequately funded, innovative, multi-sectoral and comprehensive measures to achieve the global target to end the disease by 2030.
  • Six of the region's countries --
    1. Bangladesh,
    2. DPR Korea,
    3. India,
    4. Indonesia,
    5. Myanmar and
    6. Thailand
    are among the 30 high TB burden nations globally.
  • The global targets seek to reduce TB mortality by 90 per cent and incidence by 80 per cent by 2030.
  • The initiative also stresses on increasing government and partner budgetary allocations to enable national TB plans to be fully funded.
Quick Question for Bank PO/ IBPS Exams 2016-17:
India signed a 'call for action' and pledged to scale up measures to end the tuberculosis by 2030 in collaboration with which organisation? 
 - WHO (World Health Organization) 
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HDFC bank launches 3-minutes digital loan against securities service


  • HDFC Bank launched digital Loan against Securities (LAS) allowing customers to avail loans in less than 3 minutes.
  • The service will also be available to customers with no credit history.
  • The bank, which will offer 10.5 percent interest rate on the product, will soon expand the offering to other securities such as;
    1. mutual funds,
    2. bonds and
    3. insurance policies.
  • Customers can avail a minimum loan of Rs 1 lakh and maximum loan up to Rs 20 lakh under this facility.
  • Banks normally disburse 50 per cent of the value of pledged shares as loan.
  • The bank has collaborated with NSDL to seamlessly deliver this product.
Quick Question for Bank PO/ IBPS Exams 2016-17:
Which bank launched digital Loan against Securities (LAS) allowing customers to avail loans in less than 3 minutes?
 - HDFC Bank. 
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IISc, IIT-B among THE's top 50 Asian universities list


# The Times Higher Education's Asia University Rankings 2017 released listed Bengaluru's Indian Institute of Science at 27
 Indian Institute of Technology Bombay is at number 42.
# Chennai's Veltech University is at number 43.
# With 33 universities in top-300 (up from 16 last year), India more than doubled its representation, becoming the third most-represented nation on the chart for the first time.
Quick Question for Bank PO/ IBPS Exams 2016-17:
According to the Times Higher Education's Asia University Rankings 2017, what is the rank of Bengaluru's Indian Institute of Science in it? 
 - 27.
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Following Amma’s Lead, Karnataka Marks Rs 100 Cr for Namma Canteen


  • Unveiling one of the flagship schemes in the 2017–18 Karnataka budget, CM Siddaramaiah announced the setting up of Namma Canteens in the state capital Bengaluru, along the lines of the Amma canteens introduced by late Tamil Nadu Chief Minister J Jayalalithaa.
  • The Chief Minister announced that 198 such canteens will serve breakfast and lunch for Rs 5, and Rs 10, respectively.
  • The budget proposal has earmarked Rs 100 crore for the project, Siddaramaiah said during his Budget address on Thursday.
  • In other districts, subsidised food will be made available at Saviruchi Sanchari (mobile) canteens, which will be run by Self-Help Groups.
  • The Amma Unavagams, or Amma Canteens, are subsidised food outlets first set up in 2011 by the Jayalalithaa–led government in Chennai.
  • They were later expanded to other parts of the state, with the state government opening 360 such outlets in June 2014.
  • The Namma Canteen has been one of the populist measures that Karnataka has been contemplating for some time now, and has received the formal seal of approval this budget.
Quick Question for Bank PO/ IBPS Exams 2016-17:
Who is the current Chief Minister of Karnataka? 
 - Siddaramaiah. 
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State Bank of India signs MoU with CREDAI


  • State Bank of India and real estate developers’ body CREDAI have signed a memorandum of understanding (MoU) to jointly conduct various initiatives towards development of the realty sector.
  • The MoU will be in force for a period of 3 years.
  • Each of them will leverage their individual strengths and collaborate in areas to promote housing for all, which will be beneficial to the sector.
  • SBI will be a national partner for all CREDAI activities and both will jointly work together for various marketing activities like;
    1. conclaves,
    2. seminars,
    3. exhibitions,
    4. campaigns and
    5.CSR activities as well.
  • The MoU is meant to mobilise the credibility of our members and the reach of the largest bank in India to cater to both home loans and construction finance requirements of the real estate sector.
  • The availability of finance at lower rates would help fulfil CREDAI’s objective of making housing more affordable.
Quick Question for Bank PO/ IBPS Exams 2016-17:
State Bank of India and which real estate developers’ body  have signed a memorandum of understanding (MoU) to jointly conduct various initiatives towards development of the realty sector? 
 - CREDAI. 
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Central Bank won Official language policy award


  • Central Bank of India has been awarded first prize in the implementation of Official Language Policy in the western region for the year 2015-2016.
  • Sudhir Pathak, Chief Manager, Central Bank of India, received the trophy and certificate from Kalyan Singh, Governor of Rajasthan, at the Official Language Conference of Central and Western Regions in Udaipur recently.
  • Central Bank of India, a government-owned bank, is one of the oldest and largest commercial banks in India.
Quick Question for Bank PO/ IBPS Exams 2016-17:
Which bank  has been awarded first prize in the implementation of Official Language Policy in the western region for the year 2015-2016.? 
 - Central Bank of India. 
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ICICI Bank, SBI, StanChart top bank frauds list: RBI


  • ICICI Bank topped the list of banks that witnessed most number of frauds during April-December period of 2016 with state-owned SBI taking the second spot, RBI data said.
  • During the first nine months of the current fiscal, as many as 455 fraud cases involving Rs 1 lakh and above were detected in ICICI Bank, closely followed by SBI (429), Standard Chartered (244) and HDFC Bank (237).
  • The other banks which reported large number of frauds to the apex bank during the period include;
    1. Axis Bank (189),
    2. Bank of Baroda (176) and
    3. Citibank (150).
  • However, in value terms, frauds involving Rs 2,236.81 crore were reported in SBI, followed by ;
    1. Punjab National Bank (Rs 2,250.34 crore) and
    2. Axis Bank (Rs 1,998.49 crore).
  • In the case of SBI, 64 employees were involved in fraud cases, while it was 49 for HDFC Bank and 35 for Axis Bank.
Quick Question for Bank PO/ IBPS Exams 2016-17:
Which Bank has topped the list of banks that witnessed most number of frauds during April-December period of 2016 according to a recent report of RBI? 
 - ICICI. 
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US Senate confirms Indian-American Seema Verma for top health care post


  • The US Senate has confirmed Indian-American Seema Verma for a top health care position in the Trump administration and she was set to play a key role in the government's bid to "repeal and replace" Obamacare.
  • Ms Verma, who has been described by the White House as the "unquestionably qualified" first generation Indian-American, was confirmed by the Senate by a vote of 55-43.
  • She is likely to play a key role in the health care reform of US President Donald Trump, who has made it a priority to repeal and replace the affordable healthcare of his predecessor Barack Obama.
  • The second Indian-American in the Trump Administration to be confirmed by the Senate, Ms Verma would head the USD 1 trillion Centers of Medicare and Medicaid Services that provides health services to 130 million people.
  • A health policy consultant, she is known as the architect of health care reforms in several states, including Indiana.
Quick Question for Bank PO/ IBPS Exams 2016-17:
The US Senate has confirmed which Indian-American person for a top health care position in the Trump administration and she was set to play a key role in the government's bid to "repeal and replace" Obamacare? 
 - Seema Verma. 
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World Consumer Rights Day: 15 March 2017


  • World Consumer Rights Day (WCRD) was started in 1983 and is an awareness day which is observed on March 15.
  • It is celebrated annually to instigate action among citizens for the international consumer movement.
  • Everyone is a consumer, and World Consumer Rights Day gives a platform for all to voice any difficulties they face.
  • It ensures that their rights are respected and protected over injustice done in the market.
  • 2017 theme ‘Empowering Consumers in The Digital Age.'
Quick Question for Bank PO/ IBPS Exams 2016-17:
World Consumer Rights Day is celebrated on which date? 
 - 15 March 2017. 
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Govt launches new scheme TIES for developing export linked infrastructure


  • The government has launched a new scheme — TIES — for developing export linked infrastructure in states with a view to promote outbound shipments.
  • Launched by Commerce and Industry Minister Nirmala Sitharaman, the Trade Infrastructure for Export Scheme (TIES) seeks to bridge the infrastructure gap and provide forward and backward linkages to units engaged in trade activities.
  • An inter-ministerial empowered committee for sanctioning and monitoring of the project was set up for the scheme. It will be headed by the commerce secretary Rita Teaotia.
  • The TIES would focus on projects like;
    1. customs checkpoints,
    2. last mile connectivity,
    3. border haats and
    4. integrated check posts.
  • The idea of this scheme is to address those gaps in infrastructure which are not addressed by any other scheme.
  • It will help to ensure smoother movement of export cargo and also ensure quality standards and certification
Quick Question for Bank PO/ IBPS Exams 2016-17:
The government has launched which new scheme for developing export linked infrastructure in states with a view to promote outbound shipments? 
 - TIES. 
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Tata Steel, Wipro in world's most ethical companies' list


  • Two Indian companies, Tata SteelBSE and Wipro have been named in the list of world's most ethical companies by American think tank Ethisphere Institute.
  • Ethisphere honours those companies who recognise their role in society to influence and drive positive change in the business community and societies around the world.
  • In 2017, there were 124 honorees spanning five continents, 19 countries and 52 industry sectors.
  • Wipro is one of the two information technology companies named in the list, the other being Xerox Corporation.
  • Meanwhile, Tata Steel is also one of the two companies named in the metals, minerals & mining space. US-based Schnitzer Steel Industries Inc is the other company in this segment.
  • Ford Motor Company has been named one of the World's Most Ethical Companies for the eighth straight year.
Quick Question for Bank PO/ IBPS Exams 2016-17:
Which two Indian companies, have been named in the list of world's most ethical companies by American think tank Ethisphere Institute?
 - Tata Steel and Wipro. 
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Babul Supriyo named vice-president of FIFA U-17 World Cup LOC


  • Union Minister Babul Supriyo has been appointed vice-president of the FIFA U-17 World Cup organizing committee.
  • The event, to be hosted by India for the first time, will be played from October 6 to 28.
    The draw of the tournament will be held on July 7.
  • A FIFA team is scheduled to visit India from March 21 to 27 for the final inspection of the facilities in the six cities which will host matches of the U-17 World Cup.
  • The 2017 FIFA U-17 World Cup will be the 17th edition of the FIFA U-17 World Cup, the biennial international men's youth football championship contested by the U17 national teams of the member associations of FIFA.
  • The tournament will be hosted by India between 6 and 28 October 2017. This will be the first FIFA tournament hosted by the country.
Quick Question for Bank PO/ IBPS Exams 2016-17:
Who has been appointed as vice-president of the FIFA U-17 World Cup organizing committee? 
 - Babul Supriyo. 
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Telangana launched Rs. 605-crore ‘KCR Kit’ scheme for pregnant women, new born


  • Focussing on women welfare and new born, Telangana Chief Minister K Chandrasekhar Rao has come out with an innovative scheme – KCR Kit.
  • The scheme is designed to address complications during the time of pregnancy and aimed at reducing infant mortality rate and encourage institutional deliveries.
  • The KCR Kit consists of 16 essential things needed for a new-born and will be useful for up to three months.
  • The kit comes packed with soaps useful for mother and child, baby oil, baby bed, mosquito net, dresses, sarees, hand bag, towels and napkins, powder, diapers, shampoo and toys for the kid.
  • The government proposes to earmark Rs. 605 crore for the scheme.
  • The State has initiated a number of measures for the welfare of women and children. In order to provide nutritious food to pregnant and lactating women and infants under Arogya Lakshmi, eggs, milk and nutritious food will be made available through the Anganwadis.
Quick Question for Bank PO/ IBPS Exams 2016-17:
Focussing on women welfare and new born, which Indian state has come out with an innovative scheme – KCR Kit which is aimed at reducing infant mortality rate and encourage institutional deliveries? 
- Telangana. 
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